Related topic: Equity release

Of those who have spoken to a financial adviser about their retirement plans, just 7% were presented with equity release as an option unprompted.

more2life has also relaunched Apex Interest Reward, which offers interest rate discounts for making monthly interest payments.

The report says the family home should not be ruled out of consideration - especially where liquidity is limited.

Members have agreed to a special resolution, broadening the Council’s remit across all forms of later life lending.

The lender has also added its 'Age Next Birthday' feature to sourcing systems.

All Horizon applications will be submitted and managed by more2life after Standard Life Home Finance's exit from the market.

The new calculator offers a fully customisable tool to demonstrate to customers the cost of borrowing of one or more products.

Between Q2 2024 and Q1 2025 mortgage repayment became the dominant purpose for equity release lending.

Lifetime mortgages and retirement interest-only lending both increased in Q3.

The enhancements include expanded product data, advanced modelling tools and improved API access.